Amazon to Acquire Digital Comics Platform ComiXology

Amazon has announced it will acquire cloud-based digital comics platform comiXology. Terms of the deal were not disclosed, though the acquisition is expected to be finalized and executed in the coming months.

“We’ve long admired the passion comiXology brings to changing the way we buy and read comics and graphic novels," stated David Naggar, Amazon Vice President. "We look forward to investing in the business, growing the team, and together, bringing comics and graphic novels to even more readers.”

ComiXology was founded in 2007, the New York-based company rose to prominence through its unique Guided View technology that presents comic content from dozens of publishers to the consumer in a cinematic experience.

“ComiXology’s mission is to spread the love of comics and graphic novels in all forms,” said David Steinberger, co-founder and CEO of comiXology. “There is no better home for comiXology than Amazon to see this vision through. Working together, we look to accelerate a new age for comic books and graphic novels.”